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BP Wants To Stop Paying Gulf Oil Spill Victims

07/08/2011 1:12 pm 0 comments

Source: AP / CBS News

New Orleans – BP is arguing that most victims of last year’s Gulf oil spill should not get any more payouts for future losses because the hardest-hit areas are recovering and the economy is growing.

The British oil company argues its case in a 29-page document made public Friday and filed with the Gulf Coast Claims Facility. The $20 billion fund is responsible for paying for damages from the spill.

The company says the fund should end payments for future losses to everyone, except in limited cases for oyster harvesters.

To read this article in its entirety visit CBS News.

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